WTC Records Folder 0127 Certificate of Incorporation label, 2001

NYC 9/11 Public Portal Document

"FOURTH: The objectives and purposes of the Corporation shall be exclusively charitable within the meaning of Section 501(c)(3) of the Internal Revenue Code of 1986, as the same may be amended from time to time. The purposes for which the Corporation is formed are to solicit, administer and receive funds, said funds to be used for the exclusively charitable and public purposes of: supporting projects and programs of its own or of agencies of the City of New York or other not-for-profit institutions which benefit the City's inhabitants and improve or enhance the quality of life of the City's inhabitants or aid civic or other public improvements; promoting and advancing the social welfare of the inhabitants of the City, including the relieving or reducing of unemployment among youth or the promoting or providing of employment of youth; promoting and supporting educational and recreational activities for abandoned, neglected or dependent children; promoting the City of New York as a business venue, including international business, and tourist destinations; encouraging and promoting the development of commerce in the City and acting in the public interest and otherwise cooperating with the City in promoting the general welfare of the residents of the City.

In furtherance of the aforesaid purposes, the Corporation shall have all the general powers enumerated in Section 202 of the Not-for-Profit Corporation Law.

As a means of accomplishing these purposes, the Corporation, in furtherance and not by way of limitation of its statutory powers, shall have the power to solicit, raise, accept, hold and administer funds exclusively for its objectives and purposes, and to that end to take and receive, by purchase, grant, gift, bequest or devise, or as beneficiary of any trust, any property real or personal, tangible or intangible, wheresoever located; to make donations in furtherance of such purposes; to invest and reinvest the funds and other property for the Corporation, including the power to invest and reinvest such funds and property in furtherance of such purposes; and to collect and receive the income, if any, from any investment or reinvestment of such funds or property, and to apply the income and, if the Corporation so decides, the principal of such property as the Corporation may from time to time possess, to the purposes of the Corporation.

r~ NYC-WTC 000137297